
ADNOC Takes $6.2 Billion FID for Umm Shaif Gas Cap
ADNOC has taken a $6.2 billion FID for the Umm Shaif Gas Cap, targeting more than 600 million scfd of gas and associated liquids with production expected by 2030.

ADNOC has taken a $6.2 billion FID for the Umm Shaif Gas Cap, targeting more than 600 million scfd of gas and associated liquids with production expected by 2030.

Paratus Energy Services has received Mexican competition clearance for the sale of Fontis Finance’s drilling operations and five jack-up rigs to CME and BC Ventures.

Velesto Energy has terminated a drilling contract involving the Naga 8 jack-up rig in Malaysia. The rig remains deployed for Jadestone’s East Belumut Phase 9 project until July 2026.

Fugro has signed a contract for geophysical, seismic, AUV and environmental surveys covering the Greater Sunrise and Bayu Undan developments in Timor-Leste.

Wison New Energies has signed an EPCIC contract with Eni and Altera Infrastructure for an FPSO serving the Baleine Phase 3 development offshore Côte d’Ivoire.

OneSubsea has secured Vår Energi contracts for Goliat gas export infrastructure and four well systems supporting the Balder Next New Wells project offshore Norway.

NKT Eleonora has departed VARD Shipyards Romania in Tulcea for VARD Brattvaag in Norway, where the cable-laying vessel will enter its next construction phase.

Jadestone Energy has brought the EBA-07ST1 well online at 2,800 bopd at East Belumut, with the first two wells lifting field production by approximately 6,000 bopd.

OMV Petrom and ROMGAZ have completed installation of the 16,500 t Neptun Alpha platform for the Neptun Deep gas project in Romania’s Black Sea, with production planned for 2027.
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